Litecoin (LTC) exceeds transaction numbers at the airport – But is adoption really happening?


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<p>  Some time ago, the Brisbane International Airport began accepting payments via encryption: this was a big leap forward for cryptocurrencies and one even bigger for Litecoin The month of July, Litecoin registered the highest number of transactions at this airport, demonstrating that in the run for adoption, Litecoin (LTC) has an advantage, probably because it is cheap to carry out transactions and even super-fast to run, could be an indicator that the #PaywithLitecoin campaign is paying off </p>
<p>  But while this is a reason why cryptic investors are smiling, the number of encrypted transactions at this airport shows that Encrypted adoption is very far from the mainstream because in July more than 2 million people have used this airport, and of these only 39 payments have been made uses ndo criptovalute: it is a negligible number in the great scheme of things and indicates two things. not willing to spend their criptos, or most people do not know the criptos and their usability as coins. </p>
<p>  Looking at cryptic trends in the last year or so, low levels of adoption are likely to be attributable to both of these factors. Starting with the first, there is a huge community of crypts in the world, a number that has grown significantly in the last year. However, after the pump of 2017, most of the investors are HODLing, with the expectation that prices will return to the highs of December. No one is willing to spend their encrypted even though this would be a great way to stimulate adoption. The problem with the HODLER mindset that has gripped this market is that many cryptos designed to function as currencies are not used for this purpose. For example, Litecoin is a crypt that has all the attributes of a currency. However, when all the HODLing, hoping to return to the highs of 2017, defeats the whole essence of it as a currency. This explains the low transaction rates at the airport. </p>
<p>  On the issue of low levels of awareness, most people have learned about cryptocurrencies in 2017. However, after the huge price drop following, the public interest in cryptography has dropped significantly. . This explains why Google searches for cryptocurrencies has been declining until 2018. As such, people do not use cryptos for payments because most of them do not even know about it. Others are aware of it, but they are largely disinterested after the collapse in prices for the last 6 months. </p>
<p>  In order for encrypted payments to increase, the general cryptography mindset must change. People must start spending their encrypted and help create more awareness. Without this change of mentality, cryptographic space may find it difficult to grow in terms of adoption. As long as everyone is waiting and they hope that the price increases, the overall value will eventually decrease and many coins will go to zero. </p>
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